Mexican Media Brands
Visteon Moves Stock Listing to NASDAQ
Cockpit electronics supplier Visteon Corp. says it will move its stock listing from the New York Stock Exchange to NASDAQ on Dec. 27.
#economics #electronics
Share
Cockpit electronics supplier Visteon Corp. says it will move its stock listing from the New York Stock Exchange to NASDAQ on Dec. 27.
The suburban Detroit-based company’s shares will continue to trade under the “VC” ticker symbol. Visteon has been listed on the NYSE since the restructured company went public in 2000.
Visteon says the move reflects its desire to be aligned with other growth-oriented technology companies as it refocuses from parts-making to software-focused technologies. CEO Sachin Lawande adds that affiliating with NASDAQ provides advantages in cost, marketing and investor relations management.
RELATED CONTENT
-
On Headlights, Tesla's Autopilot, VW's Electric Activities and More
Seeing better when driving at night, understanding the limits of “Autopilot,” Volkswagen’s electric activities, and more.
-
Study: Border Tax, NAFTA Exit Would Hurt U.S.
The U.S. auto industry would lose at least 31,000 manufacturing jobs and 450,000 units of annual sales if the U.S. imposes 35% tariffs on cars from Mexico, as President-elect Donald Trump has vowed to do.
-
Enterprise Edges into Self-Driving Car Market
U.S. rental car giant Enterprise Holdings Inc. is the latest company to venture into the world of self-driving vehicles.